ESOPs and the Need towards Democratic Governance in the Workplace

abstract: If democracy is the best way to rule why then is it limited only to the political sphere? This question is central to economic democracy which is the theory that economic activities should be governed by democratic principles. In America, ESOPs are used for a variety of reasons, and I believe that they can be used for the development of democratic firms. My thesis looks at current ESOPs to see if they are democratic, and suggests how they can be used to develop democratic firms